NZD/USD: bulls stumbled across pin-bar

NZD/USD: bulls stumbled across pin-bar

Recommendation: BUY 0,7045 SL 0,6990 TP1 0,715 TP2 0,723. 

On the NZD/USD daily chart, bulls hit an intermediate target 127.2% of the Deep Shark pattern. Then, there was a rollback. The formation of a pin-bar with a long shadow increases the risks for the development of the correction.

On the NZD/USD hourly chart, the "Bump and Run Reversal" and "Shark" patterns were realized. Until the Bears did not test the diagonal support of the introductory stage of the former pattern, the "bulls" retain control over the pair. Rebound from the target 88.6% in the Shark pattern will allow buyers to launch a counterattack.


Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera